Global Market Insights Report: Aircraft Communication System Market still growing | General Dynamics, Harris Corporation, Honeywell Aerospace, L3 Technologies, Lockheed Martin, Raytheon, UTC Aerospace Systems

Aircraft Communication System Market is estimated to exceed USD 2.9 billion by 2025; according to a new research report by Global Market Insights, Inc.

Rapid globalization in conjunction with increasing air connectivity across new destinations will showcase potential opportunities for air travel over the forecast period. Moreover, expansion in the tourism and defense industry are the key factors expected to escalate air carrier demand over the study timeframe. Introduction of new aircrafts with a focus on reducing weight and incorporation of advanced avionics are boosting the aircraft communication system market size over the study timeframe. Increasing requirements for efficient transmission technologies enabling safer air travel across destinations are accelerating the aircraft communication system market growth over the coming years.

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Signal congestions and Radio Frequency Interference (RFI) in satellite frequency bands are among the key challenges for industry growth. Rising impact on active sensors performance due to increasing interference from numerous aircrafts further enhances the radio frequency interference. Increasing number of signals transmitted per hour by active sensors has increased the overall signal congestion. Presence of large number of active sensor techniques along with wide range of RFI environment may hamper the aircraft communication system market share over the projected timeframe

Antennas hold a substantial potential to capture the aircraft communication systems market. The requirement for constant transmission of signal from air carriers to ground air traffic control for maintaining the flight during the course of its journey are supporting the segment share over the study timeframe. Moreover, the availability of a multiple range of antennas with varied size and transmission capabilities based on the flight application further supports the aircraft communication system market share over the study timeframe.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

• Cobham Plc
• General Dynamics
• Harris Corporation
• Honeywell Aerospace
• L3 Technologies, Inc.
• Lockheed Martin
• Northrop Grumman Corporation
• Raytheon
• Collins Aerospace
• Thales
• UTC Aerospace Systems
• Viasat Inc.

Aircraft Communication System Market By Product

• SATCOM
• HF
• VHF
• UHF
• Data link communication

Aircraft Communication System Market By Component

• Antenna
• Transponder
• Receiver
• Transmitter
• Transceiver
• Display & processor

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Based on product, high frequency will witness significant gains in the aircraft communication system marketplace. The superior transmission of signals for facilitating direct long-distance signal transmission along with improved transfer of data over shore areas are supporting the segment growth over the study timeframe. Increasing prominence of effective air traffic control (ATC) between airport control units ensuring air travel safety and reduced flight delays are supporting the market share over the projected timeframe.

Commercial air carrier will witness prominent growth in the aircraft communication system marketplace. Proliferating air carrier production across the globe owing to rising air passenger traffic are boosting the segment growth over the study timeframe. For instance, in 2018, Airbus SE deliveries rose to 800 commercial aircrafts with an increase of 11% as compared to 2017. Growing adoption of low-cost carriers along with improving regional connectivity are escalating the industry size over the study timeframe.

Europe aircraft communication system market share will witness robust growth owing to government initiatives on precautionary measures on accidents along with stringent regulations on air carrier inspection & safety. Increasing adoption of advanced technologies to enhance travel safety and avert air carrier accidents will propel the industry demand over the projected timeframe.

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Major players operating in the aircraft communication system market include L3 Technologies, Iridium Communications Inc., Harris Corporation, Honeywell Aerospace, Lockheed Martin, Northrop Grumman Corporation, Raytheon and Rockwell Collins, Inc. Industry participants are engaged in strategic acquisitions and mergers for expanding their market share. For instance, in 2015, Rockwell Collins acquired International Communications Group (ICG) for USD 50 million. This strategy was aimed at integrating the company’s satellite communication portfolio and diversify its business with a wide range of products.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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